Market Mood Improves into the Weekend |
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Market Mood Improves into the Weekend U.S. Dollar Trading (USD) finished weaker across the board as stock markets recovered some of the week’s losses into the weekend. Weak US data did not help but was overlooked as buyers took control of the market. Q1 GDP was revised to 2.7% vs. 3.0% previously. In US stocks, DJIA -8 points closing at 10143, S&P +3 points closing at 1076 and NASDAQ +6 points closing at 2223. Looking ahead, May Core PCE is forecast at 0.1% vs. 0.1% previously m/m. The
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